Colorlight Cloud Tech Ltd. A (301391) - Net Assets
Based on the latest financial reports, Colorlight Cloud Tech Ltd. A (301391) has net assets worth CN¥2.07 Billion CNY (≈ $302.58 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.55 Billion ≈ $372.60 Million USD) and total liabilities (CN¥478.54 Million ≈ $70.02 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Colorlight Cloud Tech Ltd. A assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.07 Billion |
| % of Total Assets | 81.21% |
| Annual Growth Rate | 56.13% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 140.04 |
Colorlight Cloud Tech Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how Colorlight Cloud Tech Ltd. A's net assets have evolved over time, based on quarterly financial data. Check 301391 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Colorlight Cloud Tech Ltd. A (2020–2024)
The table below shows the annual net assets of Colorlight Cloud Tech Ltd. A from 2020 to 2024. For live valuation and market cap data, see market value of Colorlight Cloud Tech Ltd. A.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.17 Billion ≈ $317.52 Million |
-3.16% |
| 2023-12-31 | CN¥2.24 Billion ≈ $327.89 Million |
+8.49% |
| 2022-12-31 | CN¥2.07 Billion ≈ $302.24 Million |
+334.08% |
| 2021-12-31 | CN¥475.83 Million ≈ $69.63 Million |
+30.29% |
| 2020-12-31 | CN¥365.20 Million ≈ $53.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Colorlight Cloud Tech Ltd. A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 313.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥338.23 Million | 15.59% |
| Other Components | CN¥1.83 Billion | 84.41% |
| Total Equity | CN¥2.17 Billion | 100.00% |
Colorlight Cloud Tech Ltd. A Competitors by Market Cap
The table below lists competitors of Colorlight Cloud Tech Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ruitai Materials Technology Co Ltd
SHE:002066
|
$707.77 Million |
|
Teyi Pharmaceutical Group Co Ltd
SHE:002728
|
$708.32 Million |
|
Energy Absolute Public Company Limited
BK:EA
|
$708.35 Million |
|
Brookfield Real Assets Income
NYSE:RA
|
$708.37 Million |
|
Ronglian Group Ltd
SHE:002642
|
$707.68 Million |
|
Abaxx Technologies Inc
NEO:ABXX
|
$707.31 Million |
|
Logistea AB Series B
ST:LOGI-B
|
$707.03 Million |
|
Hubei Biocause Heilen Pharmaceutical Co. Ltd.
SHE:301211
|
$707.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Colorlight Cloud Tech Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,240,764,166 to 2,169,882,023, a change of -70,882,143 (-3.2%).
- Net income of 19,347,131 contributed positively to equity growth.
- Dividend payments of 57,185,805 reduced retained earnings.
- Other factors decreased equity by 33,043,468.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥19.35 Million | +0.89% |
| Dividends Paid | CN¥57.19 Million | -2.64% |
| Other Changes | CN¥-33.04 Million | -1.52% |
| Total Change | CN¥- | -3.16% |
Book Value vs Market Value Analysis
This analysis compares Colorlight Cloud Tech Ltd. A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.95x to 2.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥5.11 | CN¥50.90 | x |
| 2021-12-31 | CN¥6.66 | CN¥50.90 | x |
| 2022-12-31 | CN¥21.70 | CN¥50.90 | x |
| 2023-12-31 | CN¥23.54 | CN¥50.90 | x |
| 2024-12-31 | CN¥22.84 | CN¥50.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Colorlight Cloud Tech Ltd. A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.01%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.22x
- Recent ROE (0.89%) is below the historical average (11.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 17.47% | 16.15% | 0.60x | 1.79x | CN¥27.27 Million |
| 2021 | 22.61% | 18.47% | 0.75x | 1.63x | CN¥60.00 Million |
| 2022 | 6.36% | 19.34% | 0.27x | 1.23x | CN¥-75.17 Million |
| 2023 | 9.05% | 19.87% | 0.36x | 1.28x | CN¥-21.38 Million |
| 2024 | 0.89% | 3.01% | 0.24x | 1.22x | CN¥-197.64 Million |
Industry Comparison
This section compares Colorlight Cloud Tech Ltd. A's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $9,393,372,604
- Average return on equity (ROE) among peers: -3.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Colorlight Cloud Tech Ltd. A (301391) | CN¥2.07 Billion | 17.47% | 0.23x | $707.70 Million |
| ZTE Corp (000063) | $73.11 Billion | 11.52% | 1.84x | $20.45 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $796.90 Million | 5.04% | 0.69x | $1.93 Billion |
| Addsino Co Ltd (000547) | $9.89 Billion | 6.51% | 0.42x | $3.74 Billion |
| Sichuan Huiyuan Optical Com (000586) | $383.56 Million | 10.30% | 1.25x | $337.13 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $602.08 Million | -25.97% | 3.81x | $346.49 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $156.24 Million | 7.93% | 2.57x | $1.69 Billion |
| Skyworth Digital Co Ltd (000810) | $4.31 Billion | 8.91% | 1.38x | $1.63 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $2.15 Billion | 1.16% | 0.67x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $75.95 Million | -62.63% | 4.81x | $1.07 Billion |
| Sunwave Communications Co Ltd (002115) | $2.46 Billion | 2.25% | 0.78x | $1.42 Billion |
About Colorlight Cloud Tech Ltd. A
Colorlight Cloud Tech Ltd engages in the research and development, manufacture, and sale of LED display control systems, video processing equipment, play servers, and cloud network players worldwide. It offers Z-series super controllers, X-series controllers, S-series senders, receiving cards, distributed feedback laser diodes, multifunction cards, brightness sensors, and temperature and humidity… Read more